RMDC IPO from today, shares to carry Rs 80 premium
Thu, Jul 11, 2013 12:00 AM on IPO/FPO News,
ShareSansar, July 3
Rural Microfinance Development Centre has announced to launch its IPO from Asar 27. The shares in the IPO will carry a premium of Rs 80 per unit so that the general public will have to buy the shares at Rs 180.
RMDC is issuing total 15,60,000 shares, out of which 31,200 units have been set aside for RMDC employees. Likewise, the company has set aside 78,000 general shares for mutual funds, with 26,000 units each allotted to Siddartha Growth Scheme-1, Nabil Balance Fund-1 and Citizen Investment Trust Scheme.
General public will be able to apply for the remaining 14,50,800 unit shares.
The company has hired Ace Capital as its issue manager. The maximum time fixed for filing applications for the IPO has been set for Shrawan 10 whereas minimum time is on 31st of Ashad 2070.
Who can apply for RMDC share?
Brief Financial Highlights of RMDC.
(Rs. in '000)
Particulars |
As of 2068/69 |
2nd Quarter 2069/70 |
Projection 2069/70 |
Share Capital (Rs.) |
320000 |
334000 |
520000 |
Reserve (Rs.) |
699789 |
819277 |
1076976 |
Borrowings (Rs.) |
2555162 |
2758371 |
2588170 |
Investments (Rs.) |
1402865 |
1992365 |
1851782 |
Loan and Advances (Rs.) |
1829257 |
1730105 |
2012183 |
Net Interest Income (Rs.) |
259187 |
125070 |
244377 |
Operating Profit (Rs.) |
200660 |
119084 |
218443 |
Net Profit (Rs.) |
136520 |
78410 |
146964 |
No of Share (Nos) |
3200 |
3340 |
5200 |
EPS (Rs.) |
42.66 |
23.48 |
28.26 |
Capital Adequacy (%) |
- |
- |
49.4 |
Networth Per share (Rs.) |
318.68 |
255.29 |
307.11 |
Return On Equity (%) |
13.39 |
6.8 |
9.2 |
Offer Letter Copy: CLICK HERE